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20121101
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's quiet. let me ask you, though, about the leaflets that are dropped from the sky from israel to basically warn civilians in gaza as a heads-up. look, we are sending a missile you're way, here's where you need to go to stay safe. >> reporter: well, we have seen two different kinds of leaflets. one is sort of a generic stay away from anything affiliated or connected with hamas. and it's a message to the israeli defense forces. and it also says we are trying to only go after hamas and not the people of gaza. what we saw yesterday, however, were leaflets being dropped on the northern part of the gaza strip with very specific instructions for people to leave those areas, how to get out of those areas and take cover in areas of gaza city which are safer. so those leaflets really did spark something of a panic exodus by people from the northern areas of the gaza strip. they flocked on donkey carts, pickup trucks, whatever kind of transportation they could find to this area. and they were put up in schools, but the schools weren't ready. there was no preparations for them to come. so they have le
begin in the middle east. this morning efforts to end the fighting between israel and hamas have so far come up short. fighting rages on both sides of the border. secretary of state hillary clinton held a late night meeting with the israeli prime minister. this morning she met with palestinian president. later today she will be in cairo to meet with world leaders. palestinian gunmen shot and killed six men they say were collaborating israel and dragged one body behind a motorcycle. susan mcginnis is watching all of this. >> reporter: good morning. once again there were signs of a deal and, again, they slipped away. now in cairo, secretary clinton will meet with officials who are in contact with hamas and now talking about a deal she says in the days ahead. as truce talks continue so does the violence. this is what cbs reporter charlie d'agata saw from his gaza city hotel early this morning. the israeli military launched dozens of air strikes overnight and this morning. and hamas militants have launched more than 100 rockets into israel in the past 24 hours. five israelis and more than 1
today as violence between israel and the palestinians escalated. tenks of course flaming concerns about supply disruptions. ands you can see, wti crude trading at 87.83. as for the broader markets, you'll see the the dow futures are indicated higher by about 70 points. s&p futures indicated by over 9 points. but this is coming as stocks are coming off four straight weeks of declines. at this point the dow is down more than 7% for the last month. largely because concerns about the standoff in washington over how to deal with the fiscal cliff. well talk about all of these issues at play with two special guest hosts. wharton professor of finance jeremy siegel and trusted american businessman steve forbes. both onset and ready to start this discussion at 6:00. first, though, andrew has a few of the top business headlines. >>> let's talk about some of the headlines this morning. cisco systems buying cloud network start up meraki for $1.2 billion in cash. it was founded in 2006 by members of m.i.t.'s laboratory for computer science. joe, i don't know if you take credit for any of that. bp pla
recovery. >> international pressure mounts for israel and gaza to agree to a cease-fire after a weekend of air strikes leave a dozen dead and hundreds injured. brent continues to climb with gold going higher. >> the president and congress will strike a deal to restore the fiscal cliff. over the weekend in asia, the president said he's confident we can get the fiscal situation confident and reached out to ceos including tim cook, warren buffett and jamie dimon. after top house and senate leaders say friday's meeting was constructive. we see headlines that may bring news to other companies. intel ceo paul otellini to retire. >> during this period where a lot of companies moved toward mobile, was not pioneer mobile. arm holdings to go a bunch of shares. this may be a positive -- viewed as positive for intel. >> they will conduct a search or process to choose otellini's successor. will consider internal and external candidates. he's been at the company for 40 years. only the fifth ceo in 50 years. a company has had long service from those in its ceo position. again, he will step down at the
'm neutral on the stock, i think it's currently overvalued at its current price. >> israel launching a major defense against palestinian militants in gas sachlt we'll take you live to gaza, plus the impact it could have on the energy prices here in the u.s. >>> citi shares trading well below book value and several share holders requesting the board do a breakup of it's shares. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> let's get to a market flash. >> we're looking at some of the s&p lows today, a number of energy names there. a couple of headlines crossing th that -- on a civil complaint charge there, of course the utilities have been under a lot of pressure, guys, since
in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how painful is it going to be? >> you know, carl f you're traveling, you always need a little more patience thanksgiving weekend. for the airlines, they're keeping their fingers crossed because if you look at a map of the united states, you really don't see any major storm systems. that means if it's a smooth weekend, you talked about this being important to the profitability of fourth quarter, that's certainly good news for the airlines. take a look at the number of people who will be traveling this thanksgiving weekend. just under 44 million people. that's a slight increase from last year. the average amount they're spending, that's down 10%. less than $500. why? in large part it's because fewer people are flying. they're no
're still watching what is happening in israel and gaza. the conflict there and uncertainty remains. focal point of many traders. the reason why perhaps we're not pulling back even further although many are anticipating we are going to see an increase in u.s. crude oil supplies when the energy department reports its numbers tomorrow. we'll monitor israel's situation because that's likely to have a very important effect on the oil price in this session. gold continues to trade in a range here. ubs saying there needs to be a significant breakout in this range for oil to have true momentum and on this short holiday week, it appears that many traders are just trying to cover their short positions and not really taking out new bets a at the moment but there are some taking out significant bets and there have been reports that george and john have added to their gold holdings. we have reported that gold etf holdings are at record levels. there are many that want to be in this complex but of course still right now we are looking at a slight pullback in the gold price right around 1730 an ounce. >
in the middle east. this situation is heating up between israel and the leadership in gaza. what's your sense how this affects what president obama has to do? >> let's be clear, it's not really a war. israel will win. it's a very lop-sided war. on one hand you have the most popular military machine in the middle east, on the other side you have the inhabitants of gaza who have weapons that can't do very much. what's the long term strategy? what are they going to do about gaza? they have tried to economically choke it off. it didn't work. they have tried to kind of military operation before, once including a ground invasion. didn't really work. where are they going here? and that's where the united states can be helpful. >> fareed zakaria, always a pleasure to see you. thanks for joining us. >> thank you, ali. >>> warren buffett has to go shopping. maybe he'll offer up his . last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and
to congratulate him. it includes the prime minister of israel, nato secretary general king abdullah from saudi arabia. i could go on. i'm sure we'll hear about his day later on this afternoon. and no doubt taking meetings with staff about some of the upcoming items on the agenda, brooke. >> speaking of those items, jessica yellin, folks are hoping that maybe the election ushers in a season of change and less gridlock and problem solving. what did the white house make of john boehner saying that he haen the republicans, they're ready and willing for the president to take the lead, trying to head off the january tax increase plus the automatic military, the other spending cuts that the so-called fiscal cliff? >> reporter: look. everybody is expecting to head in to negotiations on this quickly. there's full plans here at white house for quick entrance to in to the discussions and the president has no plans, brooke, to give any kind of major speech, any kind of address on economic policy or on the fiscal cliff and their view that the president laid out his rigs for a grand bargain for the negotiat
of israel that israel has conducted a military action killing a senior hamas leader. an air strike in the gaza area killed the head of the hamas military. one of the things a number of traders heard about that earlier but one thing is an israeli military spokesman says this is the start of a broader operation. so that is one of the things. it seems to have the market a little bit on edge and has them bidding up oil at this hour. the one trader i talked to said between the tensions between israel and hamas if we'll see that spiking up obviously israel and syria over the last few weeks, that's better than israel and iran. back to you. >> that's true. bertha, thank you very much for that. congratulations if you are hold cisco shares coming into this session. they are experiencing a good bump on last night's results. we'll talk about what they are doing right and whether risks lie ahead next on the program and who would be affected the most if we go over the fiscal cliff? we'll get up close and personal with the cliff and as we head toward the break, another fiscal cliff fact. >> if la
of this. list. . the indications we have or our convicts we have that israel have done this assassination but yet we still need an evidence. all of the investigation are -- all of the investigations are made to acquire the evidence so we can go with this evidence to find out who is behind the assassination and through which we will go to the international criminal court. >> okay. two questions for you, jim. first of all, do they have any evidence that that was true, that the israelis perhaps were behind killing arafat? would they take it to the hague? do they have this? >> if they had the evidence, i suppose they could. but the israelis have said we didn't have anything to do with this. they realize how explosive this was. did they want him dead? absolutely. absolutely. as tom friedman wrote in his book "from beirut to jerusalem" they saw arafat like hitler in his bunker, there was that much hatred for the man. he put the palestinians on the map. he resurrected them. he's resurrected at a time when, well, the palestinians are finally, you know, i don't know how he died but i can say what
, and overcontrolled by a centralized state that is growing like cudzu on a north georgia highway. >> israel should learn how? >> it's not enough to say you can't shoot your way to power, you've got to open up a diplomatic path. and will they open up a diplo t diplomatic path? and the question for the hamas group is will they accept israel? we don't know that. i would simply say that's now one of the half dozen fault lines out there in the middle east. you've got syria, the iranian nuclear thing, the constitutional struggle with an egypt. you potentially have jordan getting in the mix. plus you've now got the oldest of the issues, the israel israeli/palestinian issue. this is facing barack obama at a time he wants to do more in asia, deal with the fiscal cliff. welcome to your second term. >> a lot to do. richard haa ss. >> how did jerry adams do it? how did the irish terrorists as they were called before the peace deal, how did they not only enforce the peace but then turn to their own bad elements and say, step out of line, and we're going to crush you. >> one was, they couldn't shoot their way
the this administration has accepted that iran will have nuclear weapons and by the way, this is the most anti israel administration we have ever had by far. it is this oral. stuart: that is an extraordinary statement and we appreciate you being here to deliver it in no uncertain terms. colonel ralph peters, thank you very much. please come again. we love this stuff. colorado and washington legalize the recreational use of marijuana. is it time to open shop in denver or seattle and start selling grass? darrell jones runs the university in california that focuses on the industry. after the break, the dow turns positive. stuart: it has been three fall from the election the we have turned positive. 12,822. big news in china today, new leaders are taking over, a new president takes over as premier. as they do china releases new numbers showing its manufacturing sector doing better. we have groupon. the company offers discounts of local businesses but it is struggling europe. a new record low for the stock almost exactly a year ago debut did the that 29. look at zipped car, a shikar sharing service, popul
officials say. israel. israel's always said that's nonsense. they had plenty of chances over the years to kill arafat when they were at war, so why poison him when they weren't fighting? scientists say it will three months to reach a verdict, and the israelis say they are sure the verdict of death and the cause of death will be established as natural causes. natalie? >> all right. martin flesch owner the west bank for us. thank you, martin. >>> the nation's largest organic peanut butter processor has had its operations suspended by the fda. officials found salmonella all over sunland inc.'s processing plant. earlier this year 41 people across 20 states, most of them children, fell ill from the company's peanut butter which is primarily sold at trader joe's. the company had been set to reopen today. >>> a health scare for oprah winfrey. the media mogul revealed that she thought she might have breast cancer last month. the scare turned out to be a false alarm. she shared the news at an "o" magazine news conference. >>> and chaos in sydney, australia, this morning as construction workers
and we have geopolitics and israel saying they won't take direct hits from syria. that is something that the market has been watching very closely as well. the big story that has long-term ramifications for the u.s. oil industry and for the global energy trade is definitely the report today from the international energy agency where they said that they believe that the u.s. will become the top oil producer in the world by 2020. overtaking saudi arabia. overtaking russia and the fact that u.s. will be self-sufficient by 2035. this is a huge sea change in the debate that we've been hearing about the dependence on foreign oil, about green energy and the fact that we're looking at this share revolution is having an impact not only on oil markets but natural gas markets here in the u.s. and international energy agency highlighting this in their report. back to you. >> thank you very much. shares of disney getting an upgrade after getting battered last week. citi upgrading from buy to neutral. they are saying that lucas films acquisition will weigh short terms on profits but it paves the
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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